Problem:
Milei campaigned against the political establishment and parts of the elite. Amusingly, even the staunch establishmentarians at Goldman Sachs admit that "his diagnosis of the country’s economic woes is accurate: the size of the government has grown too large, it spends more than it collects, and it uses the central bank to finance its shortfalls." In other words, just like the US.
Solution:
As a result, fiscal profligacy is the root of the inflation problem (also just like in the US). In response, Milei has proposed an agenda of radical and transformative policies for the Argentine economy. Among his flagship economic proposals are
closing the central bank, the dollarization of the economy, an aggressive cut to public spending, and the elimination of tight trade and capital controls.
come on, USA - it's not that hard.
#Argentina #Milei #Libertarian #AntiWoke #USA #politics #Debt #CentralBank #inflation
